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Alfredo Company purchased a new 3-D printer for $990,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become

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Alfredo Company purchased a new 3-D printer for $990,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become old quick and so they plan to replace this printer in three years. At that point, Alfredo believes it will be able to sell the printer for $15,000. Calculate yearly depreciation using the double-declining balance method. Round final answers to nearest whole dottar amount. Year 1 Year 2 Year 3

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